I'm a law student but will soon be applying to business school. It took the law to make me realize that my first love is finance. I studied it throughout college in my own time and have been investing for about 5 years now. But the field I would like to go into will be able to put both areas of study to use. I don't like to give stock tips on TD as it often comes off as a solicitation, but I'll make an exception.

Right now, I'm really liking LPIH. You can see some of my comments regarding it here:

LINK

and here:

LINK

The skinny is that they recently released guidance for FY 2011 of .65 on the low end (if warrants are fully exercised) and .75 on the high end. It's assumed by the company that all of its warrants will not be exercised, so I'll just call it .70. They closed Friday's session at 2.57, thus they have a Forward P/E of 3.67.

Here's the kicker: they've recently announced that they are submitting their application to be listed on the AMEX. They meet the requirements so issuance should take place over the next 120 days or so. Once we are uplisted to the AMEX, I think we will be given a P/E value that reflects that status. The Industry Avg. for Oil & Energy companies listed on the Nasdaq, NYSE, & AMEX exchanges is 27.5 w/ the outliers ranging from 12.5 to 42.3. Let's just say the market rewards our new little startup on the block with a P/E of only 10 ... w/ an EPS of .70, that still gives us a fair market value of $7.00.

I think LPIH is good for a bagger at minimum this year, with a lot of that price appreciation to be realized over the next three months once the AMEX uplist takes effect and once FY'11 begins (which for them is on July 1 of this year). Also, Chinese small caps have been on a tear and are expected to continue to do so given China's rapid growth. Even more so, the tremendous growth of the automobile industry in China will fare well for oil distributors. So we've got a trifecta here: we're in the right market, in the right industry, and in what I think is the right stock. And this is all without me even getting into the fact that the company has basically been granted a monopoly by the PRC.

I've been holding LPIH since 2.12 and have yet to sell a share, although I may begin to scrape a little bit off the top if it doesn't hold 2.50. I will still keep the large majority of my position.

I'm also heavily invested in JOEZ and TNDM. I like CLWR. Leave me your email and I'll send you some info on JOEZ and TNDM. I'm still DD'ing CLWR.

Everything else I'm trading. These are the only ones I'm willing to hold at this point in time. I'm staying away from large-caps right now with the exception of a quick trade.

This post was edited on 4/2/10 at 5:32 pm